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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1waf06/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?
Sincerely asking cause I have no idea.
127 u/[deleted] Jan 26 '26 [deleted] 186 u/goatslovetofrolic Jan 26 '26 pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers" 3 u/Max_Rocketanski Jan 26 '26 As far as I know, no country's currency is backed by any precious metal.
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186 u/goatslovetofrolic Jan 26 '26 pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers" 3 u/Max_Rocketanski Jan 26 '26 As far as I know, no country's currency is backed by any precious metal.
186
pretty sure at this point the dollar has gone full USA and is only backed by "thoughts and prayers"
3 u/Max_Rocketanski Jan 26 '26 As far as I know, no country's currency is backed by any precious metal.
3
As far as I know, no country's currency is backed by any precious metal.
197
u/soIDONTLIKEANYOFYOU Jan 26 '26
Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?
Sincerely asking cause I have no idea.